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Helping Canadians with Personal Finance Since 2006

Posts Tagged ‘tfsa’

Canadian Online Discount Stock Brokerage Comparison 2019

Notice: Although this Canadian online stock brokerage review/comparison is dated back to Dec 2006, the information below is updated regularly. Are stock trading commissions eating away at your profits (or increasing your losses)? Ticked off at paying at least $29/trade at one of the big bank discount brokerages? Well, there are some new players in…

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Top 4 Tax Free Savings Account Strategies

With the upcoming tax free savings/investment account in 2009, my mind has been racing about what exactly to do with the account.  Between my wife and I, we will have $10,000 worth of contribution room available to us in the first year which we intend to fully maximize. How do we intend to use the…

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TFSA Contribution Room

Giorgos asked an interesting question in the Tax Free Savings Account (TFSA) thread about how the contribution room of the TFSA will be calculated if there are gains in the account.  Basically, if you invested the $5,000 maximum in the first year and luckily turned a quick profit and withdrew the money, what would would…

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Upcoming Tax Free Savings Accounts (TFSA)

With the big hype around the upcoming Tax Free Savings Accounts, I decided to do some research to see which banks and discount brokerages will be offering the product.  I imagine that as we get closer to the launch date (Jan 2009), we will see more of them popping up. As of today though, here…

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